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3-Tenant Strip | Starbucks | DriveThru 5651 Sherwood Way 5,786 SF 100% Leased Retail Building San Angelo, TX 76904 $5,533,363 CAD ($956.34 CAD/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Strong Tenant Lineup | 100% Occupied | NNN Leases
  • Strong Demographics In 5-Mile Trade Area
  • Outparcel To Walmart Supercenter | Across From H-E-B | Retail Corridor | Strong National/Credit Tenant Presence

EXECUTIVE SUMMARY

• The offering consists of a strong tenant lineup, creating a stabilized, income stream for a new investor
• The property is divided into three suites with Starbucks occupying 2,150 SF, Crumbl occupying 1,236 SF, and Stanton Optical occupying the remaining 2,400 SF
• All tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,786 SF
Building Class
B
Year Built
2018
Price
$5,533,363 CAD
Price Per SF
$956.34 CAD
Cap Rate
6.25%
NOI
$345,795 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.95 AC
Zoning
Commerical
Parking
50 Spaces (8.64 Spaces per 1,000 SF Leased)

AMENITIES

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Crumbl’s origin begins with two crazy cousins and the perfect combination of flour, sugar, and chocolate chips. Created in 2017 when co-founders Jason McGowan and Sawyer Hemsley teamed up on a quest to bake the perfect chocolate chip cookie, they dreamt of bringing people together over a box of the best cookies in the world. Today, Crumbl’s franchises have reached across the nation and expanded internationally—all inspired by one big dream and the perfect ingredients that started it all. After the Crumbl Milk Chocolate Chip recipe was born, the Crumbl founders and their families opened the first Crumbl location in Logan, Utah. With the genius idea of structuring the bakery as an open-concept kitchen, Crumbl provides customers a first-hand experience watching as their cookies are mixed, balled, and baked! Eventually, Crumbl’s business grew to include more flavors and services like delivery, catering, and a weekly rotating menu.

  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Starbucks is a multinational coffeehouse chain founded in 1971 in Seattle, Washington. Initially a retailer of coffee beans and equipment, the company expanded under Howard Schultz’s leadership in the late 1980s to become a global coffeehouse brand. Starbucks operates thousands of stores worldwide, including over 3,000 in California, offering coffee, tea, and food products alongside branded merchandise. The company emphasizes ethical sourcing and sustainability in its operations. Starbucks is publicly traded on NASDAQ under the ticker symbol SBUX and reported employing approximately 381,000 people globally in 2025. Its growth strategy includes licensed stores, digital ordering platforms, and specialty formats such as Starbucks Reserve® Roasteries.

  • Station Optical
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000
Station Optical Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Taco Bueno
Newk's Eatery
Orangetheory Fitness
H-E-B
Chili's Grill & Bar
Fitness 1440
Anytime Fitness
McAlister's Deli
Outback Steakhouse
Applebee's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-21925-0001-002-00
Land Assessment
$395,289 CAD
Improvements Assessment
$1,061,959 CAD
Total Assessment
$1,457,247 CAD
  • Listing ID: 35216110

  • Date on Market: 2025-03-21

  • Last Updated:

  • Address: 5651 Sherwood Way, San Angelo, TX 76904

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